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A partial government shutdown that began December 22 has left USDA unable to publish key agricultural reports, including the January 11 WASDE. Export sales data also remain unpublished as China has resumed some purchases of U.S. farm products.
When delayed reports are finally released, a single large data revision could move prices suddenly. Feed buyers should expect higher volatility in grain and oilseed markets.
marketwatch.comMyra P. SaefongJan 12, 2019After 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
